Is 10% royalty for my design fair? This is a new T-shirt company geared toward extreme sports. I don't see a clause where I can opt out if it doesn't work. Tell me all you can about freelance artist/corporation relationships. Thanks.
I agree with my colleagues, you should have a lawyer review the contract. There are several issues and options apart from the royalty that should be addressed before we could tell you if it is fair.
This answer is for informational purposes only and is not intended to be legal advice nor does it establish an attorney-client relationship. You must consult a local business lawyer to obtain legal advice that is tailored to your circumstances and facts. Good luck to you.
